I dont have a supra but my 77 celica has a 7mgte, I have the EXACT same issue.
FMIC, 2.5"pipes, 9(ish, maybe 9.5)psi, Big mouth 3" downpipe to full 3" exhaust, ARP studs torqued to 75 on a fresh OEM HG with the head well cleaned and prepped, and a generic cone filter.
I hit fuel cut once in a while in 3rd, 4th, and 5th gear at full throttle. Not every time, but mostly if I shift hard into third from a WOT run in 2nd. in 4th and 5th it will hit randomly at full throttle many times, gets pretty annoying.
Also, when I took my car to the drag strip i hit fuel cut in the bottom of second. Spun into second..... fuel cut, kicked back in and then more tire spin, spun through second........ shifted hard into third then more tire spin after after coming off fuel cut, spinning through third then fuel cut in 4th a few times before the traps. Still ran 12s though
That run at the strip was at 10psi and the fuel cut was extremely annoying and frustrating, after that run I turned the boost down to about 9psi(very close) cant be exact, just using an autometer gauge that I dont 100% trust, and dont really have much time to look at it when trying to keep the car going straight) My next run I hit fuel cut twice down the track, once in 3rd and once 4th (still runs 12s but I need more traction and I think I can get really low 12's or high 11s, I am running crappy 195/70/r14 all season tires @ 35psi lol)
I know I don't have any boost leaks becasue I have checked many times, I dont know if I should be hitting fuel cut still at only 9psi?
Over this winter I plan on tearing the motor down for some oiling system upgrades, possibly a MHG too, but I dont know if I will be able to go over 9psi.